If we want to see more affordable housing we have to look at the factors driving demand and supply. Simplistic explanations such as 'greed' only encourage counter productive policies like…
High prices aren't problems, they're symptoms of problems. High rents are big, flashing lights telling us to sort out the mismatch between demand and supply.
A round-up of the last week’s economic news stories in Minnesota.
HBO's excellent new series does a fine job of explaining exactly how communism was a cause of one of the most disastrous nuclear power plant accidents in history.
Mining workers earn more because their jobs are much more capital intensive than jobs in the leisure industry.
Northern Minnesotans are told to get tourism jobs. That might be an option in July, but what do they do in January?
The Washington Post reported on Monday (June 17) that Michigan Sen. Gary Peters was gearing up to propose (in the newspaper’s words) “the creation of a new federal agency to…
The average annual salary for Leisure and hospitality jobs in St. Louis County was just $16,904 in 2018. For Metal ore mining jobs, it was $98,954.
A round-up of the last week’s economic news stories in Minnesota.
Paul Krugman’s arguments do not fare well against evidence presented in a new book titled "Austerity: When It Works and When It Doesn’t."
In the hunt for scarce labor, employers will face greater challenges. But workers will face increased opportunities. We should not be so quick to base state policy on tacking the…
In May, we wrote that the already weak case for hiking taxes on Minnesotans had just got weaker. New numbers from Minnesota Management and Budget show that, since then, its gotten…
If Mr. McMillon thinks Walmart's workers are paid too little, there is nothing stopping him from raising their pay. He doesn't need Congress to make him do it. What Mr. McMillon…
If it was the other way around, we could hire people to stand in front of wind turbines blowing at them to make them turn faster. The effect on energy…
A round-up of the last week’s economic news stories in Minnesota.
Overall, this is a worthy revisiting of one the great American television series.
If you don't believe in government planning, what do you believe in? Milton Friedman gave us the answer.
Rather than offering a rag bag of incentives, it seems that the best way to encourage a strong economy and healthy public finances is with simple taxes levied at a…
It's the elasticities, stupid.
A round-up of the last week’s economic news stories in Minnesota.
Minnesota's exporters are doing well despite the trade war. Imagine how much better they could be doing without it.
State tax revenues and spending show a steady relationship over time with state GDP. The lesson is clear: if you want to boost state government tax revenues, support policies which…
How much damage did Minnesota's politicians do this session?
On Memorial Day, Americans remember and honor those who have died while serving in the United States Armed Forces. When you look at the numbers – 4,435 in the Revolutionary…